WallStSmart

Grindr Inc (GRND)vsShopify Inc (SHOP)

VS

Smart Verdict

WallStSmart Research — data-driven comparison

Shopify Inc generates 2527% more annual revenue ($11.56B vs $439.90M). GRND leads profitability with a 21.5% profit margin vs 10.6%. GRND trades at a lower P/E of 28.1x. GRND earns a higher WallStSmart Score of 52/100 (C-).

GRND

Buy

52

out of 100

Grade: C-

Growth: 9.3Profit: 7.5Value: 8.3Quality: 5.5
Piotroski: 5/9Altman Z: 1.42

SHOP

Hold

48

out of 100

Grade: D+

Growth: 7.3Profit: 7.0Value: 2.0Quality: 8.5
Piotroski: 3/9Altman Z: 4.73
IV

Intrinsic Value Comparison

Multi-model valuation · Graham Formula

GRNDUndervalued (+48.6%)

Margin of Safety

+48.6%

Fair Value

$20.12

Current Price

$12.42

$7.70 discount

UndervaluedFair: $20.12Overvalued
SHOPSignificantly Overvalued (-1729.9%)

Margin of Safety

-1729.9%

Fair Value

$6.39

Current Price

$118.42

$112.03 premium

UndervaluedFair: $6.39Overvalued

Key Strengths & Concerns

Side-by-side fundamental analysis

Key Strengths

GRND5 strengths · Avg: 8.8/10
EPS GrowthGrowth
77.8%10/10

Earnings expanding 77.8% YoY

Profit MarginProfitability
21.5%9/10

Keeps 22 of every $100 in revenue as profit

Debt/EquityHealth
0.219/10

Conservative balance sheet, low leverage

Operating MarginProfitability
29.5%8/10

Strong operational efficiency at 29.5%

Revenue GrowthGrowth
29.0%8/10

Revenue surging 29.0% year-over-year

SHOP5 strengths · Avg: 9.4/10
Revenue GrowthGrowth
30.6%10/10

Revenue surging 30.6% year-over-year

Debt/EquityHealth
0.0910/10

Conservative balance sheet, low leverage

Altman Z-ScoreHealth
4.7310/10

Safe zone — low bankruptcy risk

Market CapQuality
$151.59B9/10

Large-cap with strong market position

Operating MarginProfitability
20.3%8/10

Strong operational efficiency at 20.3%

Areas to Watch

GRND4 concerns · Avg: 2.5/10
P/E RatioValuation
28.1x4/10

Moderate valuation

Price/BookValuation
49.7x2/10

Trading at 49.7x book value

Return on EquityProfitability
-1.7%2/10

ROE of -1.7% — below average capital efficiency

Altman Z-ScoreHealth
1.422/10

Distress zone — elevated risk

SHOP4 concerns · Avg: 2.8/10
Price/BookValuation
11.5x4/10

Trading at 11.5x book value

Piotroski F-ScoreQuality
3/93/10

Weak financial health signals

PEG RatioValuation
9.562/10

Expensive relative to growth rate

P/E RatioValuation
123.6x2/10

Premium valuation, high expectations priced in

Comparative Analysis Report

WallStSmart Research

Bull Case : GRND

The strongest argument for GRND centers on EPS Growth, Profit Margin, Debt/Equity. Profitability is solid with margins at 21.5% and operating margin at 29.5%. Revenue growth of 29.0% demonstrates continued momentum.

Bull Case : SHOP

The strongest argument for SHOP centers on Revenue Growth, Debt/Equity, Altman Z-Score. Revenue growth of 30.6% demonstrates continued momentum.

Bear Case : GRND

The primary concerns for GRND are P/E Ratio, Price/Book, Return on Equity.

Bear Case : SHOP

The primary concerns for SHOP are Price/Book, Piotroski F-Score, PEG Ratio. A P/E of 123.6x leaves little room for execution misses.

Key Dynamics to Monitor

SHOP carries more volatility with a beta of 2.90 — expect wider price swings.

SHOP is growing revenue faster at 30.6% — sustainability is the question.

SHOP generates stronger free cash flow (715M), providing more financial flexibility.

Monitor SOFTWARE - APPLICATION industry trends, competitive dynamics, and regulatory changes.

Bottom Line

GRND scores higher overall (52/100 vs 48/100), backed by strong 21.5% margins and 29.0% revenue growth. Both earn "Buy" and "Hold" ratings respectively — the choice depends on your investment horizon and risk tolerance.

This analysis is generated from publicly available financial data. Not financial advice.

Grindr Inc

TECHNOLOGY · SOFTWARE - APPLICATION · USA

Grindr Inc. is a leading social networking and dating platform dedicated to the LGBTQ+ community, established in 2009. By leveraging location-based technology, Grindr has built a robust and engaged user base, establishing itself as a significant player in the social media landscape. The company's commitment to innovative features and deep community engagement, coupled with sophisticated data analytics, drives user retention and offers substantial advertising revenue potential. With strategic initiatives aimed at expanding its service offerings and enhancing user experience, Grindr is well-positioned to capitalize on the growing demand for inclusive social networking solutions, making it an attractive investment opportunity for institutional investors.

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Shopify Inc

TECHNOLOGY · SOFTWARE - APPLICATION · USA

Shopify Inc., a commerce company, offers a commerce and service platform in Canada, the United States, the United Kingdom, Australia, Latin America, and internationally. The company is headquartered in Ottawa, Canada.

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